• Title/Summary/Keyword: Asset management System

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Information Risk and Cost of Equity: The Role of Stock Price Crash Risk

  • SALEEM, Sana;USMAN, Muhammad
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.623-635
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    • 2021
  • The purpose of this research is to examine the impact of information risk on the Cost of Equity (COE) and whether the risk of a stock price crash mediates the relation between information risk and COE. To test the dynamic nature of the proposed model, the two-step system GMM dynamic panel estimators are applied to all the non-financial firms listed on the Pakistan Stock Exchange (PSX) from 2007- 2018. The results of this study show that all three types of information risk, as well as the risk of the share price crash, increases the COE. The crash risk strengthens the impact of information risk on the COE. Moreover, these three information risks are correlated with each other and an increase in information quality reduces the effect of asymmetric information and improves the investor interpreting ability, while an increase in private information decreases the transparency. The finding is crucial for asset pricing, portfolio management, and information disclosure. This study contributes to the literature by providing novel findings on the impact of three different types of information risk, i.e. private information, quality of information, and transparency of information on the COE as well as whether crash risk mediates the relationship.

A Study on the Development of the Template for creating the Data Management Plans (데이터 관리 계획 작성을 위한 템플릿 개발에 관한 연구)

  • Kim, Juseop;Kim, Suntae
    • Journal of the Korean Society for Library and Information Science
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    • v.55 no.3
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    • pp.373-396
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    • 2021
  • The government is establishing a national governance system so that research data can be systematically preserved and reused as a national asset. Recently, as DMP submission has become mandatory in some research institutes, it is a reality that DMP preparation is becoming a necessity for researchers. Therefore, the purpose of this study is to develop a template so that the researcher can easily write the DMP that must be submitted when planning the project. To develop such a DMP template, 27 domestic and foreign DMP templates were investigated and analyzed, and as a result, a DMP template for domestic researchers was proposed. It is judged that the DMP template proposed as a result of this study can be used as an exemplary case that can be used in other research institutes and universities.

A Study on BIM-based Facility Management System Architecture Development considering the heterogeneous solution data integration (BIM과 이기종 솔류션 데이터 통합을 고려한 시설물관리 시스템 아키텍처 개발에 관한 연구)

  • Kang, Tae Wook;Choi, Hyun Sang
    • Spatial Information Research
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    • v.21 no.4
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    • pp.25-34
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    • 2013
  • The purpose of this study is to develop an efficient BIM-based FM(Facility Management) system architecture to integrate the heterogeneous solution data related to FM. The heterogeneous solution data can be an FM system, asset management system, or facility sensor database systems, as well as files created by a modeler. In this study, we define the consideration for the external heterogeneous data integration related to BIM-based FM and propose the methodology. To implement it, trends in related studies were reviewed and general use cases of BIM-based FM were derived to develop the architecture for the integration between BIM and the heterogeneous solution data. The component architecture was designed to implement the use cases, and the schema was developed for the prototype by using the proposed architecture.

Artificial Intelligence Based LOS Determination for the Cyclists-Pedestrians Mixed Road Using Mobile Mapping System (인공지능 기반 MMS를 활용한 자전거보행자겸용도로 서비스 수준 산정)

  • Tae-Young Lee;Myung-Sik Do
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.22 no.3
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    • pp.62-72
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    • 2023
  • Recently, the importance of monitoring and management measures for bicycle road related facilities has been increasing. However, research on the monitoring and evaluation of users' safety and convenience in walking spaces including bicycle path is insufficient. In this study, we would like to construct health monitoring data for cylists-pedestrians mixed road using a mobile mapping system, and propose a plan to calculate the level of service of the mixed roads from the perspective of pedestrians and cyclists using artificial intelligence based object detection techniques. The monitoring and level of service calculation method of cylists-pedestrians mixed roads proposed in this study is expected to be used as basic information for planning and management such as maintenance and reconstruction of walking spaces in preparation for the increase of electric bicycles and personal mobility in the future.

Test-bed Development for Long-term Monitoring of Small Bridge Asset Management (소규모 교량 자산관리를 위한 계측 테스트베드 구축)

  • Park, Jae-Woo;Chae, Myung-Jin;Lee, Giu;Cho, Moon-Young
    • Korean Journal of Construction Engineering and Management
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    • v.13 no.6
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    • pp.13-23
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    • 2012
  • While Category 1 and Category 2 bridges are intensively inspected and carefully managed, many small bridges that are not in the Category 1 and 2 are often forgotten until they decay in serious condition. Since many of these small bridges located in the populated city, failure of them would cause huge negative impact on the community. This paper focuses on the small size concrete bridges for timely repair and rehabilitation work for the effective operation and management. Test bed is developed to define the key parameters to forecast the long term performance of the bridges, mostly concrete box bridges. Key parameters suggested in this paper are cumulative fatigue due to repetitive heavy traffic loads and the acid attacks for concrete material deterioration. The cumulative fatigue is measured by the use of the mileage concept. For the long term data collection and inspection, stable and easy to use data collection system is installed as a test bed. The contribution of this research work is on the development of the test bed to define the key parameters of bridge deterioration.

A Study on the Relation between Record and Information Management and Knowledge Management from the Perspective of Knowledge Management : Focused on the Definition and Management Process (지식경영 관점에서 본 기록관리와 지식경영의 연관 관계 - 지식의 정의와 지식관리 프로세스를 중심으로 -)

  • Roh Jeong-Ran
    • Journal of the Korean Society for Library and Information Science
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    • v.39 no.4
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    • pp.5-24
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    • 2005
  • The various concepts of knowledge such as Knowledge Management(KM). Intellectual assets and digital knowledge asset management are currently important issues among many organizations. To the country like Korea that has professed Itself for a great power of knowledge Information and adopted KM and Record and Information Management (RIM) as the country's main polity, the study on the theoretical basis and best practices of KM and RIM from the perspective of Library & Information science is very urgent. However, many studies on knowledge including KM were mainly done at the business administrative field. and the consolidated study basis on knowledge even in the Library & Information Sciences was quite in deficiency, furthermore any discussion on knowledge, correlation among related systems and the possibilities of cooperation as the development of Information communication has not been done. Therefore, this study is to present the alternative plan of the consolidated management on knowledge through comparative analysis on the definition, main function and trend of KM & RIM. Especially, this study would be the theoretical basis to the public organizations that plan to introduce KM & RIM.

A Integrated VOC Management Schema in Large-Scale Manufacturing Companies: A Case Study on Implementation for Construction Equipment Division in 'H' Heavy Industry (대규모 제조업에서의 통합 VOC 관리 방안 및 시스템 구축: 'H' 중공업 건설장비 부문 적용 사례)

  • Jang, Gil-Sang
    • Journal of the Korea Society of Computer and Information
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    • v.14 no.8
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    • pp.127-136
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    • 2009
  • Voice of the customer(VOC) is a term used in business and information technology(IT) to describe the process of capturing a customer's requirements in enterprises or various organizations. Recently, in order to satisfy customer's needs, enterprises try to utilize VOC at recurrence prevention of problems and their improvement activities, planning and development of product/service by processing, storing, and analyzing VOC. Until now, VOC management systems are introduced around service industries such as hotel business and insurance/financial business, etc. This paper proposes an integrated management scheme of VOC which are captured by various communication channels and describes a case of implementing an integrated VOC management system on the basis of the proposed scheme for the large-scale manufacturing company. By the implemented system, VOC are stored and utilized as the important knowledge assets of enterprises.

An Empirical Analysis about the usefulness of Internal Control Information on Corporate Soundness Assessment (기업건전성평가에 미치는 내부통제정보의 유용성에 관한 실증분석 연구)

  • Yoo, Kil-Hyun;Kim, Dae-Lyong
    • Journal of Digital Convergence
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    • v.14 no.8
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    • pp.163-175
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    • 2016
  • The purpose of this study is to provide an efficient internal control system formation incentives for company and to confirm empirically usefulness of the internal accounting control system for financial institutions by analyzing whether the internal control vulnerabilities of companies related significantly to the classification and assessment of soundness of financial institutions. Empirical analysis covered KOSPI, KOSDAQ listed companies and unlisted companies with more than 100 billion won of assets which have trading performance with "K" financial institution from 2008 until 2013. Whereas non-internal control vulnerability reporting companies by the internal control of financial reporting received average credit rating of BBB on average, reporting companies received CCC rating. And statistically significantly, non-reporting companies are classified as "normal" and reporting companies are classified as "precautionary loan" when it comes to asset quality classification rating. Therefore, reported information of internal control vulnerability reduced the credibility of the financial data, which causes low credit ratings for companies and suggests financial institutions save additional allowance for asset insolvency prevention and require high interest rates. It is a major contribution of this study that vulnerability reporting of internal control in accordance with the internal control of financial reporting can be used as information significant for the evaluation of financial institutions on corporate soundness.

A Case Study on the Adoption of K-IFRS: focusing on the Ground Radio Wave Broadcasting System Sector (한국채택국제회계기준 도입 사례분석 : 지상파방송업을 중심으로)

  • Ma, Hee-Young;Park, Song-Jong
    • Journal of Digital Convergence
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    • v.11 no.5
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    • pp.135-144
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    • 2013
  • The purpose of this study is case analysis on adopting process of K-IFRS and financial effects of SBS Media Holdings Co., Ltd. Adoption process is divided into two stages, To analyze the effect due to changes in accounting standards and to run this, system change and build a range-determining step in the IT sector. Showed that had the most significant impact on the financial effects due to changes in the target's of consolidated F/S and inventories and intangible assets(broadcasting content assets).

A Study on the Improvement of Information Service Using Information System Log Analysis (정보 시스템 이용기록 분석을 통한 정보 서비스 개선방안 연구)

  • Jho, Jae-Hyeong
    • Journal of Information Management
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    • v.36 no.4
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    • pp.137-153
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    • 2005
  • For the improvement of information service, users' transaction log can be stored to the system, and the log analysis should be included in the process of service improvement. Also there are differences within kinds of users' log records and methods of analysis according to the institution's strategy. This paper describes the kinds of log records from users' behavior on information system. And its goal is to consider the case of information center which operates log analysis, and to derive a plan for improvement of information services.